OTCM - OTC Markets Group Announces Quarterly Index Performance and Rebalancing | Benzinga
NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX:OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today announced the third quarter 2023 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.
The OTCQX Composite Index (.OTCQX), a benchmark for the overall OTCQX Best Market, was down by 5.8% in Q3 2023. 34 new companies joined the Index while 43 companies were removed. Aris Mining Corp (ARMN) went to NYSE MKT on 9/14/2023. American Battery Technology Company (ABAT) went to NASDAQ on 9/21/2023. Alta Copper Cor (ATCUF) and Pan Global Resource, Inc. (PGZFF) joined OTCQX from OTCQB in Q3 2023. No securities moved from OTCQX to an exchange in the quarter.
The OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies was down by 5.9% in Q3 2023. 4 new companies joined the Index and 2 companies were removed.
The OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying U.S. and international OTCQX companies, was down by 5.9% in Q3 2023. 8 new companies joined the Index, while 14 companies were removed.
The OTCQX Banks Index (.OTCQXBK), comprised of OTCQX community and regional banks, was up by 1.8% in Q3 ...